1220.0 - ANZSCO - Australian and New Zealand Standard Classification of Occupations, First Edition, Revision 1  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 25/06/2009   
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Contents >> Major Group 2 Professionals >> SUB-MAJOR GROUP 22 Business, Human Resource and Marketing Professionals >> MINOR GROUP 222 Financial Brokers and Dealers, and Investment Advisers

MINOR GROUP 222 FINANCIAL BROKERS AND DEALERS, AND INVESTMENT ADVISERS


    FINANCIAL BROKERS AND DEALERS, AND INVESTMENT ADVISERS conduct financial market transactions on behalf of clients, sell loans and insurance, buy and sell commodities, offer financial investment advice and plans, and develop and manage financial plans for individuals and organisations.

    Indicative Skill Level:
    Most occupations in this minor group have a level of skill commensurate with the qualifications and experience outlined below.

    In Australia:

      Bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1); or

      AQF Associate Degree, Advanced Diploma or Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2)

    In New Zealand:
      Bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1); or

      NZ Register Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2).

    In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

    Tasks Include:

    • obtaining information on securities, market conditions, government regulations and financial circumstances of clients
    • executing buy and sell orders in the market place on behalf of clients, and offering advice on financial matters such as stocks and bonds, market conditions and the history and prospects of corporations
    • recording and transmitting buy and sell orders, and calculating and recording costs of transactions
    • arranging insurance, home loan mortgages and other types of finance for clients through banks, lenders, financiers and insurance companies
    • developing lists of investments for clients, and reviewing and revising investment plans based on modified needs and changes in markets
    • negotiating the purchase and sale of commodities such as grains, wool, minerals and metals
    • interviewing prospective clients to determine financial status and objectives, discussing their financial options and developing financial plans and strategies
    • managing funds raised from personal superannuation saving policies and unit trusts




This section contains the following subsection :
          UNIT GROUP 2221 Financial Brokers
          UNIT GROUP 2222 Financial Dealers
          UNIT GROUP 2223 Financial Investment Advisers and Managers

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